Low down-payment loans have been around much longer than most people realize. 2008 was the re-emergence of the FHA, only requiring 3.5% down. Today loans backed by the government requiring even less … [Read More…]
Why harp refinances are dwindling
One of the financial programs aimed at homeowners wishing to refinance in the economic downturn was Making Homes Affordable Harp 2. The program to this day allows people to refinance even if … [Read More…]
Make your credit fit the mortgage box
If you have some credit challenges preventing you from getting mortgage with competitive rates and fees, read on. Here are some tips you can take to the bank… Know this: you need … [Read More…]
Can you benefit from an adjustable rate mortgage?
Most people who apply for mortgages base their decision on how much they can afford while keeping costs low and manageable. Here are some things to consider if you’re looking at a … [Read More…]
Mortgages: How to find the net tangible benefit through the fees, rate and payment
When shopping for a mortgage, it’s critical to have a general understanding of how the fees, rate and payment all connect to your bottom line. Here are tips better to identify your … [Read More…]
How Mortgage Interest Works
Mortgage interest is a double edge sword, on one hand it’s a tax-deductible expense, but by and large it is the heaviest cost of homeownership. What to pay attention to if you … [Read More…]
Here’s An Unconventional Way To Pay Off Your Home Faster Without Changing Terms
Most strategies to pay off your home involve making radical principal prepayments or moving to a shorter-term debt structure. Here is a way to refinance your home using your lender’s money. Quick … [Read More…]
Will Paying Off My Mortgage Hurt My Credit Score?
No one actually wants a mortgage. A mortgage is simply a means to an end, if you don’t have the cash. Ridding yourself of the financial obligation is the next best thing, … [Read More…]
5 Factors To Think About When Refinancing
Mortgage rates are now the lowest level we’ve seen in the last 17 months ago. If you can save money by refinancing your mortgage or have been putting it off, you owe … [Read More…]
Want A Mortgage? Give Us Your Birth Certificate
In the compliant world of securing a mortgage these days, many are realizing explanations and full supporting documentation are now considered to be the ‘norm’. Lenders must validate a borrower really is … [Read More…]
